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3 Top Penny Stocks With High Volume Right Now

Are these high volume penny stocks on your watchlist right now?
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Are These High Volume Penny Stocks on Your Watchlist?

Volume is one of the most important metrics to use when it comes to finding penny stocks to buy. If you’re new to trading or not sure why this is the case, let’s go into detail. For starters, volume is simply the number of shares that have been traded in a given day. 

When trading any stocks, investors usually look for companies with volume in the hundreds of thousands and above. This provides enough liquidity to be able to enter and exit trades quickly. Below this, it can take lots of time to complete a trade and it is also likely that the price will have jumped with no increments. Now, volume is also a great metric for how popular a stock is. 

[Read More] Best Penny Stocks To Buy With A Full-Time Job? 5 Hit It Big In Q4 2021

If a penny stock or blue chip is trending, it will likely have volume in the high millions. We can always compare a stocks average volume to its daily volume to see what type of price action we can expect. In addition, volume can be used on a minute-by-minute or hour-by-hour basis to see if any intraday movement is occurring. 

While volume is not nearly the only indicator that is important when looking for penny stocks to buy, it is crucial to everyday trading. For that reason, let’s take a look at three penny stocks with higher than average volume today. 

3 High Volume Penny Stocks to Watch in November 2021 

  1. Cinedigm Corp. (NASDAQ: CIDM
  2. IAMGOLD Corp. (NYSE: IAG
  3. OPKO Health Inc. (NASDAQ: OPK

Cinedigm Corp. (NASDAQ: CIDM)

Cinedigm Corp. is a penny stock in the entertainment sector that is up more than 10% today. This brings its YTD gain to over 150%, which is quite substantial. If you’re not familiar with Cinedigm, it owns and distributes the rights to movies, television shows, and other forms of material. These pieces of content are distributed for organizations such as the NFL, NHL, Hallmark, and Televisa, among many others. Its content is available on Apple, Netflix, Amazon Prime, and Hulu, and other digital platforms. Cinedigm’s streaming offerings are also available in physical retailers such as Target and Walmart.

On November 17th, the company acquired the North American rights for “7 Days”, a romantic comedy that stars Karan Soni. This is a film written and directed by Roshan Sethi. The film premiered at the Tribeca Film Festival, and then screened at various other festivals after. Moving forward, the company will be receiving a proper theatrical release in early 2022.

“Karan Soni and Geraldine Viswanathan bring impressive comedic timing and genuine emotion to their roles as these two charming, imperfect, and utterly relatable romantic leads. We are thrilled to share this festival favorite with audiences everywhere.”

Chief Content Officer at Cinedigm, Yolanda Macias

New content is always exciting, especially during the pandemic. Throughout the last year and a half, the demand for original content has been extremely high. This could be one of the main reasons that shares of CIDM have increased during that time. Considering all of this new information, will CIDM be on your list of penny stocks to watch?

IAMGOLD Corporation (NYSE: IAG)

IAMGOLD Corporation is a penny stock that has been climbing in several recent trading sessions. In the last five day and one month periods, shares of IAG stock have shot up by around 5% and 21% respectively. IAMGOLD as its name suggests, develops and operates gold mining properties in a number of countries. Its current operations are based in North America, South America, and West Africa. IAMGOLD has active interests in several mines in these areas, including the Essakane mine, the Rosebel mine, and the Westwood mine.

[Read More] Best Penny Stocks to Watch With Bullish Investor Interest Right Now

On November 3rd, IAMGOLD released its third-quarter results for 2021. In the report, IAMGOLD’s mine-site free cash flow came in at $121.6 million alongside an adjusted EBTIDA of $265.7 million. During the same time, IAMGOLD also sustained a total net loss of $20.1 million, or $0.04 per share. Despite certain disadvantages in its financial results, the outlook on the gold industry is high right now.

“The third quarter of 2021 saw improvement in our operating performance supported by the continued strong results at Essakane. Rosebel performed in line with the revised plan. Construction activities at Côté continue to proceed well, reaching 36% project completion at quarter-end.”

CEO and President of IAMGOLD, Gordon Stothart

As stated earlier, the present outlook on the gold industry is very high. With inflation in the U.S. at sizable levels, many investors have turned to gold as a way to hedge bets against the future. Noting all of this info, will IAG be on your penny stock watchlist in November?

Penny_Stocks_to_Watch_IAMGOLD_Corporation_

OPKO Health Inc. (NASDAQ: OPK)

OPKO Health Inc. is a penny stock that just went up 7.25% on November 17th and over 20% in the past month. This biotech company operates in the fields of diagnostics and pharmaceuticals. The company also operates BioReference Laboratories which offers lab testing services. These services are used to diagnose, detect, evaluate, monitor, and treat diseases. Aside from this, the company is in the development of OPK88004 which is an orally administered selective androgen receptor modulator, and many more trials.

Recently, OPKO Health reported its third-quarter financial results and business highlights for 2021. During this period, its consolidated total revenues fell from $428.1 million to $385.8 million. However, the company’s operating income for the third quarter went up 72% year over year. The company’s net income in total went up year over year as well. Despite this, its revenue from services in the third quarter of 2021 went down to $340.1 million from $382.5 million.

The emphasis on biotech penny stocks right now has resulted in a major focus on the industry. As a result, OPK stock has made some major headway in the past few weeks. Based on this info, will OPK stock be on your watchlist before 2021 ends?

Penny_Stocks_to_Watch_OPKO_Health_Inc

Are Penny Stocks Worth Buying or Not?

Using volume as a metric to find the best penny stocks to buy is a smart move. But, volume should never be the only indicator that you use on your search. Rather, investing in penny stocks should be done with as much information by your side as possible.

[Read More] Hot Penny Stocks To Buy For Under $3 Today On Webull & Fidelity

This means looking at balance sheets, press releases, and any other important information that may relate to the company. Considering all of this, do you think that penny stocks are worth buying or not?

The post 3 Top Penny Stocks With High Volume Right Now appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.



iamgold corporation

Author: J Dylan

Today’s News

Ranchero Gold Provides Update on Santa Daniela Drill Program

Current drill program focused on expansion of known gold mineralization at Maíz Azul and initial testing of two highly prospective targets.Diamond core…

  • Current drill program focused on expansion of known gold mineralization at Maíz Azul and initial testing of two highly prospective targets.
  • Diamond core drilling commenced on October 27, 2021.
  • To date 360 meters have been completed in two drill holes.
  • A 13 hole, 3000-meter program Phase 1 drill program planned.

VANCOUVER, British Columbia, Nov. 03, 2021 (GLOBE NEWSWIRE) — Ranchero Gold Corp. (formerly, Melior Resources Inc.) (TSXV:RNCH) (the “Company”) is pleased to provide an update of its current drill program at its 100%-owned Santa Daniela project located in Sonora, Mexico. The Santa Daniela project consists of a large 22,000-hectare concession that located in the heart of the Sierra Madre Occidental (SMO) gold belt situated in close proximity to a number of currently operating gold mines.

Diamond drilling is underway. The drill rig arrived on site on October 25 and commenced drilling on October 27. To date, 360 meters of diamond core drilling has been completed in two drill holes.

The Sierra Madre Occidental Gold Belt

Over the last 20 years, a significant new gold belt has emerged in the SMO. While there has historically been small-scale gold production, it is only in the past 15 years that large-scale mining has begun. The region is dominated by Alamos Gold’s Mulatos mining complex and Agnico Eagle’s La India and Pinos Altos mining complexes. These three mines produced approximately 390,000 ounces gold and 2.3 million ounces of silver in 2020. Combined proven and probable gold reserves are 2.5 million ounces. (Source: Alamos Gold and Agnico Eagle Websites) The Santa Daniela concessions are directly adjacent to the Mulatos mine complex (Figure 1).

The SMO is a regionally extensive Tertiary volcanic field, comprised of two distinct volcanic sequences, an older andesitic and dacitic series, and a younger, pyroclastic dominated rhyolitic series. The Upper Series overlies the Lower Series with erosional disconformity and comprises a sequence dominated by stratified volcanic ash beds. Most significant metal occurrences, including Ranchero’s prospects in the SMO, are hosted by rocks of the Lower Series.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8c514bce-53e8-46ea-9ac9-3386582bec34

The Maíz Azul Prospect

The most advanced project in the Santa Daniela concessions is the Maíz Azul prospect. It lies approximately 3.5 km southeast of Alamos Gold’s San Carlos and El Victor deposits – part of the Mulatos gold complex. It is contained within the Lower Series volcanic rocks which also host gold mineralization at Mulatos. Historic drilling encountered gold mineralization in multiple drill holes including 37.0 meters averaging 1.56 g Au/t (DDH MA-18-03).

Field work conducted by Ranchero in 2020 consisted of mapping, geochemical sampling and alteration studies. As a result, Ranchero geologists have identified three primary targets for drill testing known as La Colmena, La Cascada and X-Structure. These targets have been defined by three principal factors: (i) structural trends (veins/veinlets, faults); (ii) geochemical sampling and (iii) alteration mapping. These factors appear to define a classic low-sulfidation, epithermal, precious-metal system.

The primary structural trend is west-northwest and the three targets, parallel to each other, follow this orientation (Figure 2). A secondary northeast trend is also prominent and may have an important control on mineralization.

Geochemical sampling has encountered numerous samples containing gold at surface (particularly the La Colmena and La Cascada targets).  Independent samples of outcrop exposures of the La Colmena zone returned values between 0.22 to 6.27 g Au/t.

Alteration mapping (Figure 3) with the aid of spectral analysis shows concentric halos typical of a low-sulphidation gold deposit. This is characterized by an inner core of silica/clay surrounded by a halo of propylitic alteration (chlorite-epidote-calcite). Outlying this alteration are remnants of argillic alteration characterized by the presence of illite/smectite clays and destruction of rock textures.

The current drill program is planned to test the three targets. Thirteen diamond drill holes will be completed as shown in Figure 2. The program is designed first, to confirm and expand upon the historical drilling at La Colmena. The program will also provide an initial test of the La Cascada zone which has the largest surface expression of the three targets. Finally, one drill hole will provide an initial test of the X Structure.

The Maíz Azul prospect covers just a small portion of the Company’s 22,000-hectare concession block. Reconnaissance efforts have yielded additional targets for further field investigations.

Corporate Update

Ranchero announces that it has engaged the Independent Trading Group (“ITG”) to provide market-making services. ITG is a member of IIROC, CIPF, the Toronto Stock Exchange and Canadian Securities Exchange, and is based out of Toronto, Ontario.

Ranchero entered a market making services agreement with ITG pursuant to which Ranchero engaged ITG to provide market-making services with the objective of maintaining a reasonable market and improving the liquidity of Ranchero’s common shares. Ranchero retained ITG for an initial term of three months, with automatic renewal of one-month terms thereafter until terminated by either party with 30 days’ notice. In consideration for the services, Ranchero will pay ITG C$10,000 per month, plus applicable taxes, during the term of the agreement. ITG will not receive any securities of Ranchero as compensation.

ITG is an arm’s length party to Ranchero. ITG does not currently have any interest in Ranchero or the securities of Ranchero, but ITG may acquire securities of Ranchero in connection with the market-making services. The funds to be used for the market-making services will be provided by

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/1686eeae-e6bc-4644-b9fa-1ce924d62c82

https://www.globenewswire.com/NewsRoom/AttachmentNg/0f0bc3c9-2355-4f20-b4ed-45e0d9bb728f

ITG in accordance with the policies of the TSX Venture Exchange (“TSXV”) and applicable securities laws. The engagement of ITG is subject to the approval of the TSXV.

Qualified Person

Scientific and technical information in this news release has been reviewed and approved by William Pincus, CPG, who is a “qualified person” as defined by NI 43-101.

About Ranchero Gold

Ranchero Gold is a gold exploration and development company currently focused on its 100%-owned Santa Daniela project located in Sonora, Mexico. The Santa Daniela project consist of a large land package of 22,000 hectares within Mexico’s Sierra Madre Occidental – a newly emerging gold-belt. Maíz Azul is the Company’s most advanced prospect. Drilling is currently on-going.

On behalf of the board of directors of the Company:

William Pincus
President, Chief Executive Officer and Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward Looking Statements

This news release contains certain forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate” “plans”, “estimates” or “intends” or stating that certain actions, events or results “ may”, “could”, “would”, “might” or “will” be taken, occur or be achieved) are not statements of historical fact and may be “forward-looking statements”. Forward-looking statements contained in this news release include, but are not limited to, the final acceptance of the TSXV to the Transaction.

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to materially differ from those reflected in the forward-looking statements. These risks and uncertainties include but are not limited to: risks related to regulatory approval, including the approval of the TSXV. There can be no assurance that forward-looking statement will prove to be accurate, and actual results and future events could differ materially from those anticipate in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.

For further information, please contact:
William Pincus
President, Chief Executive Officer and Director
+1 303 589 3734







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Today’s News

Otso Gold Obtains Creditor Protection Under the Companies’ Creditors Arrangement Act

Otso Gold Obtains Creditor Protection Under the Companies’ Creditors Arrangement Act
Canada NewsWire
TORONTO, Dec. 3, 2021

Trading Symbol: TSX-V: OTSO
TORONTO, Dec. 3, 2021 /CNW/ – Otso Gold Corp. (“Otso” or the “Company”), (TSXV:OTSO) announced …

Otso Gold Obtains Creditor Protection Under the Companies’ Creditors Arrangement Act

Canada NewsWire

Trading Symbol: TSX-V: OTSO

TORONTO, Dec. 3, 2021 /CNW/ – Otso Gold Corp. (“Otso” or the “Company“), (TSXV:OTSO) announced today it has obtained an order from the Supreme Court of British Columbia (the “Court“) granting protection from creditors under the Companies’ Creditors Arrangement Act (Canada) (“CCAA“) to enable the Company to propose a plan of arrangement to its creditors.

After careful consideration of all available alternatives following thorough consultation with its legal and financial advisors, the Board of Directors of the Company determined that it was in the best interests of the Company and all of its stakeholders to file for an application for creditor protection under the CCAA.

The initial Court order provides for a stay of creditor claims with a view to provide the necessary protection to continue the Company’s ongoing review process following the previously announced appointment of Alvarez & Marsal Nordic AB to provide Chief Restructuring Officer (“CRO“) and other services to the Company.

The CRO will remain responsible for the day-to-day operations of the Company and that the Board of Directors will remain intact. The Company is committed to completing the restructuring process quickly and efficiently.

The Court has appointed Deloitte LLP to serve as the Monitor in the CCAA proceedings to oversee the operations of the Company and report to the Court during the restructuring. The Company hopes to exit CCAA protection well-positioned to rebuild its stakeholders’ trust and continue efforts to return the Otso Gold Mine to full commercial production.

Trading in the common shares of the Company on the TSX Venture Exchange (the “TSXV“) has been halted and it is anticipated that the trading thereof will continue to be halted until a review is undertaken by the TSXV regarding the suitability of the Company for listing on the TSXV. Should the common shares be delisted following such review by the TSXV, the Company may apply for listing of the common shares on the NEX Board of the TSXV or relisting on the TSXV upon exiting the CCAA process, as the case may be. In addition, the Company anticipates that, as a result of the Company’s filing for protection under the CCAA and its potential delisting by the TSXV, provincial securities regulators in Canada may issue a cease trade order to prevent any trading in the common shares in Canada.

A comeback hearing in respect of the relief granted pursuant to the Initial Order will be scheduled within ten days (the “Comeback Hearing“). Interested parties that wish to bring a motion at the Comeback Hearing are required to provide notice to the affected parties prior to the Comeback Hearing pursuant to the requirements set forth in the Initial Order. A copy of the Initial Order and other information will be available on the Monitor’s website at www.insolvencies.deloitte.ca/en-ca/otsogoldcorp.

Further news releases will be provided on an ongoing basis throughout the CCAA process as required by law or otherwise as may be determined necessary by the Company or the Court. 

The Company’s operating subsidiary Otso Gold Oy, a Finnish limited liability company, has made an equivalent filing for the commencement of restructuring proceedings under the Finnish Restructuring Act in Finland. Otso Gold Oy has requested interim protection from its creditors for the duration of the court review of its application. The stay, which is effected upon the commencement of restructuring proceedings but can be effected on an interim basis already upon filing for restructuring, prohibits the repayment of existing debts as well as the collection and enforcement, whether by legal means or otherwise, of such debts. The enforcement of any securities provided by the company is also prohibited. The court review of Otso Gold Oy’s application is expected to take several weeks.

Following the abrupt departure of Lionsbridge Pty Ltd on 30 November 2021 the Company continues to investigate certain management practices, accounting issues and transactions, including for compliance with the Company’s internal policies, legal and ethical standards.  The Company will update the market on the results of this investigation, including with respect to any further significant matters.

Forward-looking Statements

This press release contains forward-looking statements regarding the Company based on current expectations and assumptions of management, which involve known and unknown risks and uncertainties associated with our business and the economic environment in which the business operates. All such statements are forward-looking statements under applicable Canadian securities legislation, and any other applicable law or regulation of any other jurisdiction. Any statements contained herein that are not statements of historical facts, including statements regarding our future results of operations or financial condition, business strategy and plans and objectives for future operations, may be deemed to be forward-looking statements. Specific forward-looking statements in this press release include, but are not limited to: statements with respect to: (i) the outcome of the CCAA proceedings and/or any related restructuring proceedings and the timing of any such proceedings, (ii) the ability of the Corporation to secure additional financing as part of the CCAA process or otherwise, and (iii) the halt of trading of the common shares and review of the TSXV regarding the suitability of the Corporation for listing on the TSXV and any outcome of such review. By their nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties. You should not rely on forward-looking statements as predictions of future events.  We caution our readers of this press release not to place undue reliance on our forward-looking statements as a number of factors could cause actual results or conditions to differ materially from current expectations. The results, events and circumstances reflected in the forward-looking statements may not be achieved or occur, and actual results, events or circumstances could differ materially from those described in the forward-looking statements.  Please refer to the risks set forth in the Company’s continuous disclosure documents that can be found on SEDAR (www.sedar.com) under the Company’s issuer profile. New risks and uncertainties emerge from time to time, and it is not possible for us to predict all risks and uncertainties that could have an impact on the forward-looking statements contained in this press release. In addition, there is no assurance that there will be any residual value for shareholders under the CCAA process, nor can be no assurance that the CCAA proceedings will result in the maximization of the return in respect of the Corporation’s assets and those of its subsidiaries. The Company does not intend, and disclaims any obligation, except as required by law, to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

About the Company

Otso Gold Corp. wholly owns the Otso Gold Mine near the Town of Raahe in Finland. The

Otso Gold Mine is developed, fully permitted, has all infrastructure in place, two open pits and is currently in the ramp-up towards commercial production at name plate capacity of 2 million tonnes per annum.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Otso Gold Corp.





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Today’s News

S&P Dow Jones Indices Announces Changes to the S&P/TSX Composite Index

S&P Dow Jones Indices Announces Changes to the S&P/TSX Composite Index
Canada NewsWire
TORONTO, Dec. 3, 2021

TORONTO, Dec. 3, 2021 /CNW/ – As a result of the quarterly review, S&P Dow Jones Indices will make the following changes to the…

S&P Dow Jones Indices Announces Changes to the S&P/TSX Composite Index

Canada NewsWire

TORONTO, Dec. 3, 2021 /CNW/ – As a result of the quarterly review, S&P Dow Jones Indices will make the following changes to the S&P/TSX Composite Index prior to the open of trading on Monday, December 20, 2021:

S&P/TSX COMPOSITE INDEX – December 20, 2021

COMPANY

GICS SECTOR

GICS SUB-INDUSTRY

ADDED

Advantage Energy Ltd. (TSX:AAV)

Energy

Oil & Gas Exploration & Production

ADDED

Baytex Energy Corp. (TSX:BTE)

Energy

Oil & Gas Exploration & Production

ADDED

Energy Fuels Inc. (TSX:EFR)

Energy

Coal & Consumable Fuels

ADDED

Freehold Royalties Ltd. (TSX:FRU)

Energy

Oil & Gas Exploration & Production

ADDED

Hut 8 Mining Corp. (TSX:HUT)

Information Technology

Application Software

ADDED

Lion Electric Company (TSX:LEV)

Industrial

Construction Machinery & Heavy Trucks

ADDED

Peyto Exploration & Development Corp. (TSX:PEY)

Energy

Oil & Gas Exploration & Production

ADDED

Park Lawn Corporation (TSX:PLC)

Consumer Discretionary

Specialized Consumer Services

ADDED

Paramount Resources Ltd (TSX:POU)

Energy

Oil & Gas Exploration & Production

ADDED

Secure Energy Services Inc (TSX:SES)

Energy

Oil & Gas Exploration & Production

ADDED

Topaz Energy Corp. (TSX:TPZ)

Energy

Integrated Oil & Gas

ADDED

Tamarack Valley Energy Ltd. (TSX:TVE)

Energy

Oil & Gas Exploration & Production

DELETED

OrganiGram Holdings Inc. (TSX:OGI)

Health Care

Pharmaceuticals

DELETED

Real Matters Inc. (TSX:REAL)

Real Estate

Real Estate Services

DELETED

SunOpta Inc (TSX:SOY)

Consumer Staples

Biotechnology

DELETED

Westport Fuel Systems Inc. (TSX:WPRT)

Industrials

Construction Machinery & Heavy Trucks

For more information about S&P Dow Jones Indices, please visit www.spdji.com

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has become home to over 1,000,000 indices across the spectrum of asset classes that have helped define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.

SOURCE S&P Dow Jones Indices LLC.




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